No. of Recommendations: 3
"How many of those jobs pay enough to rent an apartment in a large city, buy an unsubsidized health insurance plan, or send a kid to college?"

'Most' of the jobs in the past weren't enough to 'afford' an apartment in a large city which is why folks moved out of the cities. Besides, not everyone lives in a 'large city'.

If you are lower income earning, you'll likely get a free ride to college.

You mean factory workers of the 1880s, 1910s, 1930s lived well and sent their kids to college? There wasn't much modern medicine to afford....or even medicines...or expensive operations...... heart bypass in 1950? nope. Hip replacement? nope.

People lived six or 8 to a one or two bedroom apartment sharing expenses.

Heck, even 20 years ago, my niece, with college degree in hand, worked in NYC city. Lived in Brooklyn with a room mate since rents were so high everywhere there. So? Had health insurance through work. Worked for MTV in video production. Got married to lawyer type and happily lives in DC area (actually in DC) with two kids now - SAHM). Healthcare through work.


t.
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<<This past week, the administration announced that unemployment has fallen to 3.5 percent...

</snip>


How many of those jobs pay enough to rent an apartment in a large city, buy an unsubsidized health insurance plan, or send a kid to college?

Maybe you've got economic success if you're in the top 10% of the income/wealth pyramid. But everyone else is threading water, or barely able to keep their nose above it.

intercst
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<<This past week, the administration announced that unemployment has fallen to 3.5 percent...

How many of those jobs pay enough to rent an apartment in a large city, buy an unsubsidized health insurance plan, or send a kid to college?


I don't know why don't you look it up and tell us instead of assuming everything is bad.

Did you make those assumptions when the last president had good numbers?

Maybe you've got economic success if you're in the top 10% of the income/wealth pyramid.

I've had success and I'm nowhere near the top 10% of the income/wealth pyramid.

But everyone else is threading water, or barely able to keep their nose above it.

Link please.
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DD writes: I don't know why don't you look it up and tell us instead of assuming everything is bad.

=====================================================

Why do you post about things like jobs and the economy when you do not know anything about them?

Maybe you are just a parrot?

jaagu
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DD writes: I don't know why don't you look it up and tell us instead of assuming everything is bad.

=====================================================

Why do you post about things like jobs and the economy when you do not know anything about them?


I posted a link in the original post:
https://boards.fool.com/economic-success-34361069.aspx
Where is your link?
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Where is your link?

========================================================

Here it is:

https://www.shutterstock.com/image-photo/red-parrot-scarlet-...
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In the fall of 1965 I was involved in high school debate. The topic that year involved economics, and I recall the unemployment rate being about 3.2% at the time.

I can clearly recall during debates moaning and groaning about how HIGH the unemployment rate was! IMAGINE ---- one out of thirty three people couldn't find as job!

Now that seems silly. Of course, it IS silly, but you still have people moaning and groaning about how bad things are no matter how good they are.


Seattle Pioneer
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<<How many of those jobs pay enough to rent an apartment in a large city, buy an unsubsidized health insurance plan, or send a kid to college?
>>



In his 1928 Presidential campaign, Herbert Hoover promised "A chicken in every pot."

I suppose intercst feels that Presidential candidates should be able to provide every worker with an apartment in a large city, health insurance and a college education for their children.


My how political expectations have multiplied!

With 25,000 homeless living on the streets of Los Angeles, these things seem to be beyond the ability of even Democrats in a blue state and city to provide.



Seattle Pioneer
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SeattlePioneer writes,

In the fall of 1965 I was involved in high school debate. The topic that year involved economics, and I recall the unemployment rate being about 3.2% at the time.

I can clearly recall during debates moaning and groaning about how HIGH the unemployment rate was! IMAGINE ---- one out of thirty three people couldn't find as job!

</snip>


People aren't complaining about a lack of jobs. They're complaining that you can't live on the wages being offered. Back in the 90's when Clinton was bragging about all the jobs he created, a voter replied, "I know. I have three of them". (and still can't make a living.)

https://www.businessinsider.com/real-income-growth-in-the-un...

Unless you're in the Top 20%, you haven't seen much in the way of wage growth in the past 40 years, while health care, housing, and the cost of college take a much bigger bite from your paycheck.

intercst
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No. of Recommendations: 8
SP writes,

I suppose intercst feels that Presidential candidates should be able to provide every worker with an apartment in a large city, health insurance and a college education for their children.


My how political expectations have multiplied!

With 25,000 homeless living on the streets of Los Angeles, these things seem to be beyond the ability of even Democrats in a blue state and city to provide.

</snip>


You need to provide housing affordable on the wages being paid.

Here in Vancouver we're building tax subsidized housing for people earning $45,600/yr. Minimum wage for 2020 is $13.50/hr ($27,000/yr for 40 hrs/week). Those folks are sleeping in their cars.

https://www.columbian.com/news/2019/mar/25/vancouver-city-co...

And SP complains that there are people living in ratty RVs in front of his home.

intercst
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<<Here in Vancouver we're building tax subsidized housing for people earning $45,600/yr. Minimum wage for 2020 is $13.50/hr ($27,000/yr for 40 hrs/week). Those folks are sleeping in their cars.

https://www.columbian.com/news/2019/mar/25/vancouver-city-co......

And SP complains that there are people living in ratty RVs in front of his home.

intercst>>



The obvious solution is for the people in the ratty RVs to drive them to Vancouver, Wa.!


My neighborhood is about the cheapest in Seattle, Deport the illegal immigrants in this area and there will be housing for those legally entitled to be living here.



Seattle Pioneer




Seattle Pioneer
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"How many of those jobs pay enough to rent an apartment in a large city, buy an unsubsidized health insurance plan, or send a kid to college?"

'Most' of the jobs in the past weren't enough to 'afford' an apartment in a large city which is why folks moved out of the cities. Besides, not everyone lives in a 'large city'.

If you are lower income earning, you'll likely get a free ride to college.

You mean factory workers of the 1880s, 1910s, 1930s lived well and sent their kids to college? There wasn't much modern medicine to afford....or even medicines...or expensive operations...... heart bypass in 1950? nope. Hip replacement? nope.

People lived six or 8 to a one or two bedroom apartment sharing expenses.

Heck, even 20 years ago, my niece, with college degree in hand, worked in NYC city. Lived in Brooklyn with a room mate since rents were so high everywhere there. So? Had health insurance through work. Worked for MTV in video production. Got married to lawyer type and happily lives in DC area (actually in DC) with two kids now - SAHM). Healthcare through work.


t.
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You need to provide housing affordable on the wages being paid.

Is that in the Constitution?

The Captain
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captainccs asks,

<<You need to provide housing affordable on the wages being paid.>>

Is that in the Constitution?

</snip>


No. Just what's necessary to prevent insurrection.

intercst
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When I asked last week if every story on the 266,000 jobs report could be in one thread, I guess I got my answer with this new thread.

PSU
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No. Just what's necessary to prevent insurrection.

If you want to see it in action, just look at French news. The mob with pitchforks is on the streets -- again, and again, and again.

Denny Schlesinger
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<<No. Just what's necessary to prevent insurrection.

If you want to see it in action, just look at French news. The mob with pitchforks is on the streets -- again, and again, and again.

Denny Schlesinger>>



And who are they? Privileged, well paid government employees who don't want to have to work more hours per week or more years to collect a fat pension.


Government employee unions in the United States have been largely responsible for holding up taxpayers for unaffordable pensions.

Generally speaking I like unions, but too many government employee unions are lined up to be the first with their snouts in the trough.



Look at Scott Walker in Wisconsin. He had to go to war with government employee unions ----teacher in particular to try to get a decent deal for taxpayers.

Who do you think those government employee unions hate the most ---- Trump or Walker?

And worst of all, all too often teacher unions are in the business of protecting really shabby education for children.

I notice that teacher unions want to increase the amount teachers can deduct from Federal income taxes for amounts they spend on children (undocumented, of course) from $200/year to $1000/year. That's another rip off, and all too typical.




Seattle Pioneer
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And who are they? Privileged, well paid government employees who don't want to have to work more hours per week or more years to collect a fat pension.

That is the "wealth envy" complaint I always hear about union employees who have fought for their pay and benefits, from non-union employees who have had their pay and benefits taken away. Or, more precisely, that "wealth envy" complaint is what management shills use to fire up the, now, mostly non-union workers, who have lost their pay and benefits, to win their support of more union breaking tactics so the union worker's pay and benefits can be taken away too.

Steve
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Where is your link?

========================================================

Here it is:

https://www.shutterstock.com/image-photo/red-parrot-scarlet-...


HA! Once again when confronted with facts you run and hide. What does a picture of a bird have to do with unemployment being down to 3.5 percent?

What does a picture of a bird have to do with a November jobs surge of 266,000 jobs created last month, numbers that blew away expectations?

Here are the facts again:

This past week, the administration announced that unemployment has fallen to 3.5 percent—the lowest since 1969—after a November jobs surge of 266,000 jobs created last month, numbers that blew away expectations.

...

“Boom! These jobs numbers are absolutely incredible and breathtaking in the number of jobs being created and as you point out the historically low unemployment rate across the board,” Crowley said

...

What we saw in the November jobs report is 266,000 jobs created smashing every expectation that we saw, and the previous two jobs numbers from October and September—those jobs numbers were revised up.”
https://www.breitbart.com/politics/2019/12/08/exclusive-trea...
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What does a picture of a bird have to do with a November jobs surge of 266,000 jobs created last month, numbers that blew away expectations?

Here are the facts again:

This past week, the administration announced that unemployment has fallen to 3.5 percent—the lowest since 1969—after a November jobs surge of 266,000 jobs created last month, numbers that blew away expectations.

DD

========================================================


You are just parroting hyped up news without any context. You do not know what kind of jobs and at what salary were created in the last month. When you were asked that question you punted.

Well one of the areas of employment with good salary is manufacturing. You do no know if manufacturing jobs were created or not. How have manufacturing jobs grown in the last 3, 6, 9 and 12 months? You have no inkling! That is why I said you are just a parrot of right-wing news outlets.

https://data.bls.gov/timeseries/CES3000000001

jaagu
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You are just parroting hyped up news without any context.

For context all you need to do is read the thread:
https://boards.fool.com/economic-success-34361069.aspx?sort=...

Once again you flitter and flutter about without facts.

Why Is the U.S. Economy Successful?

FREE ENTERPRISE!
https://www.investopedia.com/terms/f/free_enterprise.asp

Desert (Socialism sucks) Dave
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<<And who are they? Privileged, well paid government employees who don't want to have to work more hours per week or more years to collect a fat pension.

That is the "wealth envy" complaint I always hear about union employees who have fought for their pay and benefits, from non-union employees who have had their pay and benefits taken away. Or, more precisely, that "wealth envy" complaint is what management shills use to fire up the, now, mostly non-union workers, who have lost their pay and benefits, to win their support of more union breaking tactics so the union worker's pay and benefits can be taken away too.

Steve>>



Public employees and their unions are playing a rigged game, and playing the taxpayers for fools.

That does not deserve to be rewarded.

The air traffic controllers who were fired by Reagan and the Boston Policeman Strike of 1919 were two very rare examples of where public employees were fired for going on strike.


By contrast, for a union to take a nickel away from a private employer is often a very difficult job. I have done that on a number of occasions as a union Business Agent, Organizer, strike/boycott coordinator for the SEIU and Amalgamated clothing workers.


Public employee pension plans are bankrupting a good many cities and governments these days. Of course, few private employee unions have any pension plans these days other than 401Ks.



Seattle Pioneer
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HA! Once again when confronted with facts you run and hide. What does a picture of a bird have to do with unemployment being down to 3.5 percent?

The Captain prefers green: https://softwaretimes.com/pics/parrot.jpg
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